Skip to main content

About your Search

20121224
20130101
STATION
MSNBCW 26
CNBC 6
KPIX (CBS) 1
WBAL (NBC) 1
WRC (NBC) 1
LANGUAGE
English 36
Search Results 0 to 35 of about 36 (some duplicates have been removed)
on it because come midnight monday if lawmakers have not found the fiscal cliff solution you're going to hear a whole heck of a lot of noise. let's get straight to washington. nbc's kristen welker at the white house and luke russert is tracking developments at capitol hill and nbc news senior political editor mark murray is here to break it down for us from the washington bureau. we will start with kristen. last we heard, kristen welker, the president came out to report that he is modestly optimistic. has the rhetoric changed at all today? >> reporter: it has changed a little bit. the president is still modestly optimistic, but i just spoke with a democratic source who tells me at this hour a deal is looking doubtful. of course, we want to underscore the fact that these negotiations are very fluid so that characterization could change at any moment, but it seems as though the discussions going on behind the scenes right now have yet to bear fruit and right now we do have the focus on the senate. majority leader reid and mitch mcconnell trying to hammer out a deal that would, to some extent ex
advantage to waiting to go off the fiscal cliff and coming back in january. the house speaker john boehner may have more flexibility as we're just saying. so that's one plus and democrats also will have a strengthened position in the congress come january. >> if republicans wait until the start of the new congress they can say, you know what? we voted to lower taxes. >> exactly. >> they just went up. >> i want to end with you here because we spend a lot of time talking about the fiscal cliff and the fact of the matter is the sequestration is fazed in. >> right. >> when you start talking about some of these taxes, whether it's the ending of unemployment insurance -- >> yeah. >> whether it's the payroll tax holiday going away, you start talking about an immediate impact for millions of families in this country. >> part of david's spoipoint is there's two to three-month wriggle room and shifting resources to unemployment insurance to keeping marginal tax rates unchanged, you know, for the next few months. at some point, look, they won't be able to do that. i would say it's unlikely wow won't
itlowt.com. [ laughs ] hey! >>> talks on the fiscal cliff are still continuing at the white house at this time. now, this might be first big battle in president obama's second term, but there is no shortage of tough battles beyond it. and so much to do and so little time, so little political capital to use to fight those battles. so what is a second-term president to do in if you ask progressive supporters, they might offer an agenda that builds on big victories from the past year, a new push on comprehensive immigration reform, the health care implementation, women's votes, voting rights and the rights of the lgbt community. many of these are fights where the president has largely been absent. take guns or the environment, for example. and let's not forget about the rest of the world where any number of foreign policy entanglements could overwhelm the most carefully laid plans. let's bring in dana milbank and msnbc contributor jonathan capehart also of the "washington post" to help me sort out how does a man get it done in the second term? dana, you know, they say that the second term a president
for the jefes. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell us that aides to the president have been in talks preliminary talks, with aides to senate majority leader harry elf who himself was here in hawaii this weekend for the funeral of senator daniel inouye. eid is now working, we're told, on a smaller package than the comprehensive deal than the president was working on with speaker boehner. than tmall package would prevent tax rates from rising for middle-class, perhaps cut some spending and tie up a few other loose ends. so far, though, senator reid has so fbeen in touch with republicans over this plan. blicans ovent and the first lady as you men
, but still continuing to keep tabs on the fiscal cliff negotiations, correct? >> he is. white house officials describe this as a working vacation. i think there have been maybe a few conversations at the staff level about the fiscal cliff, but the reality is, thomas, the negotiations have largely stalled. you remember president obama on friday urging lawmakers to take this time off to really cool off, come back later this week with a appreciate perspective. i think you're going to see the hard work, the real negotiations resume when lawmakers go back into session after the christmas holiday. now, last week it seemed as though president obama, house speaker john boehner were close to getting some sort of a grand bargain that would have addressed tax reform as well as deficit reduction. those talks, of course, fell apart. house speaker john boehner tried to get an alternative plan through the house. that didn't work out. now the focus shifts to the senate. senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going o
, negotiate, try to come up with something on a smaller scale anyway to get us past this fiscal cliff to make sure the average or typical american family of four's taxes don't go up by $2200 next week when you throw all of it together. we are tolded to that there have been telephone calls, e-mails back and forth at the staff level throughout the course of the evening and into this morning perhaps later today we will have a face-to-face meeting but with staff, not with the principals involved. not with the the senators involved. we don't expect to see them in the capitoled today at all. can they agree on a level here. and if mitch mcconnell the republican leader can bring along enough republicans to have it pass the senate and then really put the onus on john boehner. and that's one of the ifs and bus about this. of course we're talk about mud night new year's eve, monday into tuesday for the deadline here. the world is not going to come to an end, t.j., if they go into tuesday and have to do it then. but certainly they are under the gun. there's a lot at stake here. a lot of people are shake
, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patien
't hammer out a fiscal cliff deal. senators will be meeting throughout the day. we'll be heading to the white house from the latest from the president. now, the big three money headlines, milk money, talking about on the rise and a sales surge. we have retail and economy news. everyone talking about fiscal cliff, taxes going up. a little detail not many people talking about, but will get their attention if you say your milk prices could double, triple? >> got milk, t.j.? talking about the dairy cliff. and the conchalgressional agricultural committee will come together. the price of milk will increase. right now, a gallon of milk about $3.50. set to go up to -- get this. $8 by january. if this new man isn't implemented. part of the talks that's going on with the president. they hope this will move forward. nobody wants the price of milk to be drink up. >> farm bill, it maybe goes over their heads. but i tell somebody that $8 for a gallon, they pay attention. >> this is a farm bill they really want to concentrate on. who wants to pay $8 a gallon for milk. >> this isn't the only thi
vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have been resisting that by announcing the debt ceiling limit will be held on monday, ratchets up the pressure to include the debt ceiling piece in the final package, whatever that may be, but still not clear, carl, there is going to be a final package of any kind. one quick note, we saw the realism. pact in the real world of the debt situation. treasury announcing yesterday it has suspended the sale of state and local government securities, government series securities. so already, they are doing
of movement, all heavy-duty negotiating to avoid the so-called fiscal cliff is going on behind closed doors. we have correspondents watching it on both ends of pennsylvania avenue and we begin with nbc's kelly o'donnell on capitol hill with the very latest on the ongoing negotiations. kelly? >> reporter: good evening, kate. well there are emotional swings around here and aides tell me six proposals shuttled back and forth two from democrats, four from republicans and still working on those. one of the biggest sticking points is should new leff new from tax increases be used to pay down the country's deficit or used to cover the cost of preventing sweeping government spending cuts? no ordinary sunday. arriving at the capitol, congressional leaders' every move and every word under scrutiny, as the country waits, weighing in from the white house, the president, who appeared on "meet the press," pushed republicans to give on taxes. >> i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bi
advocated his role in the fiscal cliff talks. he said it was up to the u.s. senate and the white house to do something. the sad reality is that boehner is leading a dysfunctional caucus with a vocal minority of tea partiers who can hold up the chantses for any deal. today harry reid accused boehner of caring more about his re-election as speaker than getting something done. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john baber seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> what is boehner's game plan? does he even have one? ryan grim is washington bureau chief for "the huffington post" and glenn johnston is politics editor for boston.com. i worked on the hill for years. you cover the hill and know it. that was a very personal shot from harry reid. is it accurate to say, open question, that speaker boehner is worried about staying speaker? >> yes. he's definitely -- i think he's not w
notice on house votes. the potus on his way to d.c. to address fiscal cliff for the middle class with six days left to act. gop still mia. joining me now from hawaii, kristin welker. was the president expected? >> we did expect that given there was no deal on the fiscal cliff that he would have to return early from his hawaiian vacation. he will be flying out late or this evening. the first lady and the first daughters continuing his hawaiian vacation. he will find himself in a similar situation. the negotiations are largely deadlocked. just to give you a sense of how we got to where we are, if you go back to last week, it seemed like the house and speaker were getting close to getting a big deal that would have included tax reform and deficit reduction. that fell apart. house speaker john boehner tried to get his own bill through the house. he realized he didn't have enough votes for that. that fell apart as well. the ball is in the senate's court. according to an aide, senate majority leader harry read will not bring a bill to the floor unless he believes he will not have the support to
kind of plan to prevent a fiscal cliff dive in the new year. you guessed it. another day without a deal means more losses on wall street. look at those numbers will. 68 down for the dow. joining for the daily fix, nbc white house correspondent peter alexander. nbc's kelly o'donnell live on capitol hill. and jonathan capeheart. peter, let me start with you. there's this meeting at 3:00 p.m. at the white house between the president and congress allege leaders. any optimism there? there's some -- little bit of a trickle of maybe some sort of compromise deal with rates starting at 400,000 instead of 2 r50. how is the white house feeling about this meting coming up at 3:00? is this more important show? >> at the white house at least from the conversations we have had with aides and other members of the staff, it is pretty clear they recognize that this is a big deal. they also recognize that they think the ground rules remain the same. reporters like myself back to exactly what the president said a week ago was the fact that he wanted to extend the bush era tax cuts for those making less tha
dive. >> all right. so what can you leave us with? housing is good? >> fiscal cliff is bad. >> is that a net-net? >> i think the housing is good but the housing isn't great. everybody's talking about housing like it's going to carry us some place. it's just not going to drag. but it's not going to be a boost and i'm still very concerned about where the economy is going. >> is there any way that we've over -- sort of had too much anxiety and angst about the fiscal cliff or not? >> i don't think there's been much anxiety. and i talked to my brother and sister in suburban detroit. they're not in the financial world and they're always talking about the fiscal cliff. my wife has the same thing with her brothers and sisters, they're not in finance but it's what everybody's talking about. everybody's worried about it. but the experts tell us that we're not going to go over the cliff so they know it's there but they don't think we're going to go over it. so we'll see. >> i hope you're right. thank you for being here. >> coming up, is washington ready to go cliff diving? we're going
. >>> meantime, the fiscal cliff stand-off in washington continues. at this late hour the senate and house of representatives both went into recess, still no deal. republican senate leader mitch mcconnell reached out to vice president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious differences on both sides. >> we're not going to have any social security cuts at this stage, it just doesn't seem appropriate. i still hold out hope we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> republicans pushed back on claims by democrats that the social security benefit measurement, which is known as the chained cpi and basically would reduce the amount of money that senior citizens get under social security, was part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us agree the chained cpi is off the table
pass a deal to avoid the so-called fiscal cliff, but is that optimism justified even if the senate can can come together and craft a deal? a very big if at this point and what are the chances that house speaker john boehner can get members of his congress to go along with the deal. joining me now perry bacon and lynn sweet. i want to start with you because i read something that you wrote an article recently in which you said basically that the rumors of the tea party's demise have been greatly exaggerated noting their key role in refusing to go along with john boehner's tax plan to raise taxes on those making more than $1 million a year. the fiscal cliff debate has illustrated then during influence of the tea party and the power of the conservative party. boehner can't guarantee that his members won't face primary challenges from the right so there's little surprise they won't follow his lead. >> mcconnell's not going agree to something that all other republicans are opposed to because he's a republican, too, and he has to worry about a primary, potentially, as well. the core of this i
is holding a conference call with ceos on the status of the fiscal cliff negotiations. so maybe things will change once more again tomorrow. joining me now to discuss the business ramifications and what the markets think of all this, the editor of thegrio.com and msnbc contributor joy reid. >> hey, richard. >> hi, joy. do we also have fortune magazine's assistant, yes, excellent, managing editor, leigh gallagher. thanks for joining us, too. wall street seems to have been naive, maybe a little simplistic, about washington's ability to get the deal done. do you think they're finally waking up to the reality of what life is like in washington? >> i think that's true. and, you know, i think all of us sort of thought a month ago or six weeks ago that this was, of course, we were going to get a deal. why on earth wouldn't we get a deal? i think wall street was definitely a little bit more i don't know if the word complacent is the right word but definitely it's been a bit of a late-stage tremor that we've been feeling but we're definitely feeling them. i think this is a prelude of what could
obvious. the prospect of reaching a deal to avoid the fiscal cliff before january 1st is very unlikely. that's putting it lightly. let's watch. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind, but i have to be very honest, mr. president, i don't know timewise how it can happen now. >> well, that was plain. this afternoon senate minority leader mitch mcconnell said he wasn't willing to offer the white house a blank check just because we're on the edge of the cliff. take a look. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> well, actually it's not a blank check the president has been pushing. and this i
in the house and the senate to come together in the fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is -- so we don't have to employ the phrase "fiscal cliff" at all during the day? any ideas? anybody got any -- >> how about deadline? >> how about do your job. how about just do your job time. it is ridiculous. a li
to reach an agreement before the u.s. hits that cliff, the fiscal cliff. negotiations are in the hands of leaders. if they do reach an agreement, it's expected to be announced to this afternoon. let's go to capitol hill. democratic congressman jayson altmire joins me now. how much activity is going on in the capital now? >> you don't see a lot of activity, but there are a lot of closed doors. what has to happen is 36 hours from now, we have to have a deal. that's the end result we all know must occur. it's going to be either from the senate side or allow the president's plan to come up for a vote in the house and senate. i think that would pass. there are ways to avoid the fiscal cliff in the next 36 hours. >> what is that mood like? i know you have been talking to them day in and day out. i was asking you on the commercial break what you are doing on capitol hill, what you are doing now. a lot of hurry up and wait. >> there's a lot of frustration. everybody understands this is a very serious issue. 36 hours from now, the fiscal cliff takes effect if there's inaction. there's some opti
to the regularly scheduled broadcast of high-stakes fiscal cliff hanging, we watched breathlessly with fingers crossed as the congressional leaders met at the white house. just before 6:00 p.m., the president came to the podium to give the latest on where we are, deal or no deal. >> i'm modestly optimistic that a deal can be achieved. >> deal or no deal? definitely or maybe. what the president may need for a win is a scene change. >> senators reid and mcconnell are discussing a potential agreement to where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but, given how things have been working this this town, we always have to wait and see until it actually happens. >> so there you have it. there will be a deal when there is a deal. i think that is howie mandel had been at the meeting, perhaps thing things have gone better, because he could have given the nation's leaders a lesson on probability 101. this is what we know are the the his own fiscal cliff show. most of the contestants make a choice not dealin
to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a constructive meeting. we all understand where we are. >> we feel very comfortable with each other and this isn't something we're going to wait until the last day of december to get it done. >> isn't that special? now we're in the last days of december. and with just three days to go, the rhetoric has changed in the beltway. these are the latest comments. >> republicans aren't about to write a blank check for anything senate democrats put forward, just because we find ourselves at the edge of the cliff. that wouldn't be fair to the
, no fiscal cliff resolution, joining us from pittsburgh, tony fratto, hamilton play strategy's managing director and former white house press secretary, also a cnbc contributor. and from d.c., kiki mclean, porter novelli, who had a much better outcome for the redskins, kiki, and i -- i'm sorry, i have to start with that. i already know -- >> you have to. >> i'm not a cowboys fan -- >> oh, you are? >> yeah. >> i had to do that with tony. tony is going to say something about titletown. you always do that when i say something about pittsburgh. i'm from cincinnati. how are you going to defuse this -- >> i'm not. the thing about football, joe, is that the better team always wins. and your team played a terrific game yesterday. they made fewer mistakes. didn't score an offensive touchdown in doing it but you go to the playoffs, and i wish you great luck, actually. >> you know what? >> at least it's not baltimore. >> you know what, tony. it's obvious you're a republican strategist because you've had to give this speech a lot recently, about the better team winning, and we got to just accept de
the entire fiscal cliff and now the senate must act." so that's helpful. senator schatz, i know you probably just checked into the marriott capitol hill or something, but i don't know, you got any ideas? joining us is someone who i hope will have ideas. democratic senator debbie stabenow. senator stabenow, thank you for being with us tonight. >> absolutely, ezra. and i wanted to thank you for what is a very good summary of where we are. and it is the most frustrating thing i've ever gone through in my entire life, i think. >> i appreciate that. and covering it, what has been striking to me is the level of not just substantive disagreement on things like tax and spending but the procedural breakdown. every procedural effort that gets begun to solve this, either negotiations or the house plan b or maybe reid and mcconnell negotiations, it is dissolving very, very quickly. so what comes now? what is actually the process by which we can move forward? >> well, first of all, we have to be able to govern. we have to have an adult conversation, getting people in the room who actually want to solve t
before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal, and the house comes back for a rare sunday night session. yesterday afternoon in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >>> mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight december 31, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means bu
>>> we are running out of time and the fiscal cliff talks are still caught between somewhere and nowhere. it is friday, december 28. this is "now." joining me today, white house correspondent important buzz feeds zeke miller. politico's maggie and georgetown university professor michael eric dyson. irene carmone of salon. new year's resolution important congress, kick the habit of procrastinating. >> coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. >> that was senator mitch mcconnell reflecting on why congress has done so little in those 514 days since it passed the bunt control act. that legislation, of course, machine dated those automatic arbitrary spending cuts supposed to motivate congress tone act some kind of comprehensive budget reform. it hasn't worked out had a way. we are now four days away if the fiscal curb. this is the first time all of the congressional leaders met with the president since november 16 in a post-election session. and new this morning, cnbc's john heart swood reporting a mini deal could b
. >> there's the looming fiscal cliff and session of the senate set for tomorrow. the house has nothing on its schedule for the week but members have been told they could be called back with 48 hours notice. meantime, president obama going to fly back from vacation in hawaii today. john joins us in washington. john, is this trip by the president more than just window dressing? is there a chance he's here to actually do something? >> first of all, merry christmas to everybody and happy holidays. i think this is not window dressing. there is a chance they will negotiate a deal, most like l l mini deal that will temporarily resolve the issue. there is a chance something will get done and the chairman of the budget committee is holding out hope to do that. he's come back because the president doesn't want to be out in hawaii vacationing while members of congress decide up or down on a deal. >> it will be left in the -- he left in the first place knowing he would have to come back. not like he didn't know this problem existed on sunday? >> right. but he wanted to celebrate christmas home wit
and boehner are meeting to discuss the fiscal cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items and ruled by rumor and then denials and frustrations, toure. we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he initially had before the $400,000 offer that john boehner the white hous
the fiscal cliff. the hope is both sides can agree to a compromise to prevent the economy from sliding back into recession. judging from the rhetoric on capitol hill, there's a long way to go. here's the day on the hill. >> if we go over the cliff we'll be left with the knowledge that could have been prevented with a single vote in the republican-controlled house of representatives. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker not allowing the vast majority of the house representatives to get what they want. >> we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> it is somewhat like taking your child hostage and saying to somebody else, i'm going to shoot my child if you don't do what i want done. you don't want to shoot your child. there's no republ
to get our fiscal house in order, are you of like mind how you feel about this? >> i'd like to avoid going over the cliff. i do concur with mr. greenspan that i think this fiscal cliff is a classic, washington, dysfunctional manufactured crisis. we created this. the bigger cliff is the fact that this country is broke. we're beyond $16 trillion in debt and unless we get serious and get our hands around that our kids and our grand kids will never recover. >> congressman, what are you looking for? you said you're unlikely to support a deal made by the president and speaker boehner. so what is it that you want that you're not getting? >> what i won't do maria is vote for any tax increases on small business, on any american. we've already voted in the house to extend the bush tax rates for every american. we've done that twice. in the senate, they've voted to extend the bush tax rates for people below $250,000. i can't support that, but why not bring both bills up before the house and see which one the house and the senate will support? >> but with such a stringent attitude, i mean, you'r
. >> there's something fascinating to all of this. ben bernanke gave this situation the name fiscal cliff which sounds very dramatic and very scary. but what it is is an act of congress that they actually voted for. 174 republicans voted for this law that would then take effect on january 1st with all these spending cuts in it, and democrats -- 95 democrats in the house voted for it, 74 votes for it in the united states senate, and now congress is afraid of actually going through something that it voted for to occur on january 1st because it all feels too dramatic to them. and so there's something very peculiar. the crisis that congress is facing is can they undo something that they voted for, and can they undo it by new year's eve? >> it's irony and paradox upon irony. remember the reason the fiscal cliff is supposed to be so dangerous and the reason why so many people in washington are worried about the fiscal cliff is it's too much deficit reduction too fast. so all of this takes place against a debate about how to reduce the budget deficit. that's why you get into this theater of the
the fiscal cliff. you've been hearing for months now about the cliff crisis. you've heard a lot about whether or not it will matter, you've heard about the offers and the counteroffers president obama and house speaker john boehner put on the table. if you live in the game area, you're going to be reading about the cliff whether you like it or not. we at starbucks have an opportunity and i believe a responsibility to use our company's scale for good, by sending a respectful and optimistic message to our officials to come together and reach important ground. this week, through december 28th, partners at our washington, d.c., area stores are writing come together on customer's cups. i am hugely in favor of this new starbucks initiative. not because i think writing come together on coffee cups will bring anybody in washington together, i have an embarrassing coffee order, i'm hoping they will write over my order and people won't judge me. >>> i want to step back and give you five things to remember this week. think of it as fiscal cliff notes. number one, there is a giant misconception to clear
at home as senator leaders work behind closed doors to cut an 11th hour deal to avoid the fiscal cliff, we got a glimpse of optimism on the senate floor on friday from majority leader harry reid and minority leader mitch mcconnell following their white house meeting with president obama. here it is. >> everyone knows we've been to the white house. we've had a constructive meeting. we certainly hope that something will positive will come from that. >> i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> arthel: so is a fiscal deal more likely now than it was before congress left for christmas break? let's have a meeting of the minds. outreach director for freedom works, author of "backlash" and fox news contributor. and michael, former senior communications advisor to john kerry's presidential campaign and ceo of
Search Results 0 to 35 of about 36 (some duplicates have been removed)